1. High School Inc. Academies at Valley High School Quarterly Update presented by High School Inc. Board of Directors October 25, 2011

2. 2 High School Inc. Foundation Update June 27, 2011 – the State of California filed Articles of Incorporation establishing High School Inc. Academies Foundation. HSI Board of Directors named as interim HSI Foundation Board Members August 19, 2011- IRS assigned Employer Identification Number HSI Foundation Bylaws adopted

3. 3 2011 High School Inc. Academies Highlights New Kitchen Upgrade - Culinary Arts & Hospitality (CAH) First Competitive Student Team, CAH First Summer Program - Health Care Academy Greeting Card Co. Re-organization & Expansion, Global Business Academy Television & Video Lab Begins New Media Academy

4. 4 High School Inc. New Business Partner Affiliation Paradise Café State Farm Work Place Center, City of Santa Ana Kid Healthy Organization Everest College Downtown Inc. Strickroth & Parker Attorneys XO Communications

5. 5 High School Inc. Board of Directors Collaboration with Valley High School Faculty Conference period meetings schedule from period 1 through the end of the school day Mutual attendance at conferences, workshops, and seminars Specially arranged Staff Development inservices presented by the National Center for Leadership in Education Monthly Academy Advisory meetings Collaboration on special events Collaboration on day-long activities Presentations during faculty meetings Attendance at Instructional Leadership Team meetings Presentations of professional growth experiences to the Instructional Leadership Team In-house study sessions on Staff Development days Monthly Task Force meetings Distribution of High School Inc. calendar to all faculty members Invitation to all faculty members to attend monthly Board of Directors meetings

6. 6 High School Inc. Financial Update 2011-12 Business Partner In-Kind Financial Contributions to High School Inc. Workplace field trips staffing and time$ 30,000 Volunteer hours $135,000+ Miscellaneous supplies for activities$ 10,000 Funding required from High School Inc. Foundation Academy request to complete activities and projects $150,000 High School Inc. administrative costs$ 84,000 approx